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2966 Clarendon Avenue

Huntington Park, CA 90255
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Bed 19

Bed

Bath 0

Bath

SqFt14,160

Sqft

SqFt15,869

Sqft(Lot)

We are pleased to present for sale, The Clarendon, a twenty-two-unit apartment building in the Huntington Park submarket of Los Angeles. Located on a quiet residential street comprised of mostly single-family homes, the property is a charming, center-courtyard, walk-up. Built in 1964, The Clarendon features a unit mix of twelve studios, two 1-bedroom/1-bath, three 2-bedroom/1-bath, and a four-bedroom/2-bath house. Recently completed in 2022 was the addition of four additional units comprised of one 2-bedroom/1-bath, one 2-bedroom/2-bath, and two 3-bedroom/2-bath. The additional units are master metered for both gas and electric. Why buy in Huntington Park? Unlike the City of Los Angeles, Huntington Park currently allows for rent increases of 5% + CPI, which is equivalent to 10%. The City o f Los Angeles has not allowed rent increases since 2019 and increases on rent-controlled buildings are generally capped at no more than 4%. By allowing higher rent increases Huntington Park gives landlords great flexibility in achieving rents that are closer to market, which is especially beneficial during high inflationary periods. Another benefit is the utility costs are considerably lower in comparison to the City of Los Angeles. New ownership can continue to improve the asset by renovating units as they become vacant, implementing RUBS to recapture utility costs, replacing the leased laundry machines with landlord owned, and continue to give the below market tenants annual rent increases.

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Detail Ic Property Details

Property Type : Residential Income

Price : $5,300,000

AD Id : 55084829

MLS Id : 24359147

Beds : 19

Lot Size : 15,869 Sqft

Living Area Size : 14,160

Year Built : 1964

County : Los Angeles

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3627 Randolph Street, Huntington Park, CA, 90255 $515,000 2 1 1,040 1,040 SqFt
3625 Randolph Street, Huntington Park, CA, 90255 $490,000 2 1 858 858 SqFt
4081 Broadway, Huntington Park, CA, 90255 $685,000 3 2 1,060 1,060 SqFt
7512 California Avenue, Huntington Park, CA, 90255 $1,375,000 6 -- 4,645 4,645 SqFt
6249 Newell Street, Huntington Park, CA, 90255 $869,000 5 -- 2,162 2,162 SqFt
7716 California, Huntington Park, CA, 90255 $1,375,000 -- -- 2,600 2,600 SqFt
6612 Plaska Ave, Huntington Park, CA, 90255 $750,000 3 1 1,744 1,744 SqFt
2821 Randolph Street, Huntington Park, CA, 90255 $2,925,000 -- -- 9,160 9,160 SqFt
3146 Cudahy, Huntington Park, CA, 90255 $829,900 3 2 1,626 1,626 SqFt
3107 Hill, Huntington Park, CA, 90255 $650,000 3 1 1,376 1,376 SqFt

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ByOwner last updated this listing 06/21/2026 @ 05:09

MLS: 24359147 LISTED BY: Adam Zunder, Iconic Investments 747-444-3300 SOURCE: CRMLS

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